From Missouri Digital News: https://mdn.org
MDN Menu

MDN Home

Journalist's Creed

Print

MDN Help

 MDN.ORG: Missouri Digital News
MDN Menu

MDN Home

Journalist's Creed

Print

MDN Help

 MDN.ORG Mo. Digital News Missouri Digital News MDN.ORG: Mo. Digital News MDN.ORG: Missouri Digital News
Help  

House rejects amendment to further ethanol initative program

April 6, 2004
By: Paul C. Matadeen
State Capital Bureau
Links: HB 1005

By a two to one ratio, the Missouri House voted down an amendment taking money away from bond repayment and putting it into ethanol development.

Paul Matadeen is at the State Capitol with an update.

Story: UPDATE1.WAV
RunTime: APPROX :40
OutCue: SOC

Supporters say it takes only $10 million per year to repay bonds sold for the Edward Jones Dome.

But the state has $12 million. The state earmarks the other $2 million for preservation.

The amendment would have subtracted the extra money and used it for the Department of Agriculture's ethanol incentive program.

Opponents... like Representative Chuck Purgason... say the amendment would be irresponsible.

Actuality: PURGASON1.WAV
RunTime: :10
OutCue: "...NOT PAID."
Contents: "I DIDN'T AGREE WITH THIS WHEN IT WENT THROUGH. I LOST THE FIGHT. BUT THE STATE OF MISSOURI HAS TO PAY THIS. IT'S THE DEFAULT ON A BOND IF IT'S NOT PAID.

The state earmarks the other money for preservation of the arena.

From the State Capitol, I'm Paul Matadeen.

-=UPDATE 2=-

The House rejected an amendment taking money away from bond repayment and applying it to an ethanol incentive program.

Paul Matadeen is at the State Capitol.


Story: UPDATE 2
RunTime: APPROX :40
OutCue: SOC

The vote was 101 yes And 50 no...in the final vote for an amendment taking away bond-repayment money for the Edward Jones Dome.

And applying it to the Department of Agriculture's ethanol incentive program.

The amendment's sponsor, Rep. Jim Seigfreid says taking away $2 million dollars from the bond repayment would help rural Missourians further ethanol programs.

Actuality: Seigfreid2.wav
RunTime: :10
OutCue: "...IN THE CITY."
Contents: IT CREATES A LOT OF JOBS, IT PUTS A LOT OF MONEY BACK INTO OUR ECONOMY IT PUTS A LOT OF TAX MONEY BACK INTO THE STATE SO IT'S JUST AS IMPORTANT AS THE PROGRAMS IN THE CITY -- RUSHED COPY | NOT VERBATE

Rep. Seigfreid says he's surprised rural lawmakers didn't support his amendment.

From the State Capitol, I'm Paul Matadeen.

-=UPDATE 3=-

The House decides bond-repayment money cannot be used to further ethanol use.

Paul Matadeen has more from the State Capitol.

Story: UPDATE #3
RunTime: APPROX. :40
OutCue: SOC

The House voted down an amendment subtracting $ 2 million from funds set aside to repay bond money at the Edward Jones Dome.

The money would have gone to the Department of Agriculture's ethanol incentive program.

Rep. Jim Seigfreid, the amendment's sponsor, says he believes the amendment would have been a fair compromise.

Actuality:SEIGFRIED1.WAV
RunTime: :12
OutCue: "...FOR THIS."
Contents: EVERY TIME THEY CUT THINGS, IT SEEMS TO BE IN THE RURAL AREAS, AND I THINK THE CITY FOLKS SOMETIME NEED TO SHARE IN THE CUTS TOO AND I'M SURPRISED THE RURAL FOLKS DIDNT VOTE FOR THIS.

(RUSHED COPY | NOT VERBATE)

Seigfreid says adding money to the initiative would have increased tax revenue for the state.

From the State Capitol, I'm Paul Matadeen.